Important disclosure
Home Value Loan (Owner Occupied, Principal & Interest)
Cashback
Receive $3,288 when you refinance (min. loan amount $250k). T&Cs apply. ~ Ends in 8 daysSubmit a new home loan application from 1 March 2023, settle within 120 days from applying, and must have refinanced from a financial institution other than HSBC. Maximum cashback amount of $3,288. Limit of one $3,288 cashback payment per borrowing entity and per customer. Offer excludes construction loans, bridging loans and principal increases, non-residents and non-natural persons (such as trusts and companies). Terms, conditions, eligibility and credit criteria apply.
Winner of Best Refinance Home Loan, RateCity Gold Awards 2023
Interest Rate
5.74%
p.a
Variable
Comparison Rate*
5.75%
p.a
RateCity Says
“Enjoy a generous cashback offer and a competitive interest rate with this home loan.”
5.74%
p.a
Variable
5.75%
p.a
$3,143
based on $500,000 loan amount for 25 years at 5.74%
Calculate your repayments for this loan
Your estimated repayment
$3,143
based on $500,000 loan amount for 25 years at 5.74%
Promoted home loans
Promoted
Variable Rate Home Loan – Refinance Only
Gold Award Winner 2023
special
Receive an extra 0.01% p.a. discount every year, up to a maximum discount of 0.30% p.a.5.74%
p.a
Variable
5.65%
p.a
Promoted
Discount Variable
5.79%
p.a
Variable
5.81%
p.a
HSBC home loans are available through brokers who can help find the right loan and manage your application at no charge.
Pros and cons
For Home Value Home Loan (Principal and Interest)
Benefits
- Interest rates ranked in the best 20%
- No ongoing fees
- Parents can sign as guarantor
- Extra repayments and redraw facility
- Free redraw facility
- Split account option
- Winner of 2023 RateCity Awards
Drawbacks
- No offset account
- Higher than average upfront fee
- Discharge fee at end of loan
- Maximum loan amount is limited to 60% of the property's value
- No repayment holidays
HSBC Variable Rate Home loan overview
For Home Value Home Loan (Principal and Interest)
Details
Maximum LVR 60% | Total Repayments $942,753 |
Interest rate type Variable | |
Borrowing range
$50k
-
$15m
| Suitable for Owner Occupiers |
Loan term range 1 - 30 years | Repayment type Principal and Interest |
Applicable states ACT, NSW, NT, QLD, SA, TAS, VIC, WA | |
Target Market Determination Visit HSBC Bank Australia Limited to view Target Market Determination. |
Features
Extra repayments Unlimited extra repayments | Redraw facility Redraw fee: $0 |
Offset account No | Split interest facility |
Loan portable | Repayment holiday available |
Allow guarantors | Available for first home buyers |
Other benefits Establishment and settlement fees (up to $750) waived for Promotional Offer |
Fees
Total estimated upfront fees $150 | Application fee $0 |
Legal fee $0 | Valuation fee $0 |
Settlement fee $150 | Other upfront fee $0 |
Ongoing fee $0 | Discharge fee $300 |
- Cashback Receive $3,288 when you refinance (min. loan amount $250k). T&Cs apply.Submit a new home loan application from 1 March 2023, settle within 120 days from applying, and must have refinanced from a financial institution other than HSBC. Maximum cashback amount of $3,288. Limit of one $3,288 cashback payment per borrowing entity and per customer. Offer excludes construction loans, bridging loans and principal increases, non-residents and non-natural persons (such as trusts and companies). Terms, conditions, eligibility and credit criteria apply.
How to apply
If you'd like to apply for this home loan or just get more information, follow the application process to speak to an HSBC mortgage specialist.
